This article has some interesting insights into the dispute concerning fishing rights in the North Atlantic.
The dispute mainly concerns the highly migratory herring stock population, which is the largest in the world. The heavy exploitation of this stock due to overfishing led the stock to collapse and to the cessation of all fishing from the early 1970s to the 1990s.
The fishing quotas today, are jointly managed by the Faroes Islands, Iceland, Norway, Russia and the EU under the Allanto Scandian Management Arrangements. Recently the Faroe Islands have been fishing 17% of the quota, rather than their allocated 5%.
The article examines the dispute arising from this increase in fishing.
Faroe Islands launch fish fight with European Union over sanctions (rawstory.com)
Faroe Islands Files WTO Fisheries Dispute Against EU (ictsd.org)
Faroe Islands launches fish fight with EU at WTO (terradaily.com)
EU under pressure to avoid ‘mackerel war’ (euobserver.com)
Faroe Islands: Fish Fight with the European Union (lawprofessors.typepad.com)
Faroese launch WTO dispute over fishing restrictions (icenews.is)